🚨Cardano is about to skyrocket⁉️💥 Symmetrical triangle suggests a 27% surge!😱🔥

Crypto analyst Ali Martinez pointed out on April 18, 2025, that the daily chart of Cardano (ADA) shows a symmetrical triangle pattern, indicating that if it breaks out, the price could rise by 27%. Currently, ADA is priced at $0.644, with a 3% increase over the past 24 hours.

Triangle pattern analysis

Since mid-March, ADA has been fluctuating between $0.615 and $0.657, encountering resistance at the 200-day moving average at $0.657. Higher low points provide support for consolidation; if it breaks this area, it could challenge $0.676 and $0.721 (Fibonacci retracement levels).

Indicators and whale signals

RSI has reached 63.76, MACD shows a bullish crossover, and the expansion of the Bollinger Bands suggests increased volatility. However, on-chain data raises concerns: whales sold 180 million ADA in five days, and while trading volume has increased to 1.2 billion ADA, short-term prices may be under pressure. If a breakout is confirmed, ADA is expected to surge to $0.82.